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FARSTAD INTERNATIONAL AS
AS
Active
Org 979213336
Skansekaia 4A, 6002 Ålesund
Forsyning og andre sjøtransporttjenester for offshore · NACE 50204
Est. 1997
0 employees
www.solstadfarstad.com
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Overview
Financials
People & ownership
Related companies
Revenue 2020
NOK 0
EBITDA margin
—
-825% vs 2019
Equity ratio
-701.5%
Financial strength
Net profit 2020
NOK -122,1M
-4532% vs 2019
EBITDA — year on year
NOK millions
0M
-36M
-73M
-109M
-145M
-18M
2016
-7M
+61%
2017
-21M
-200%
2018
-13M
+38%
2019
-116M
-792%
2020
Key figures
Annual report 2020
Revenue
NOK 0
—
EBITDA
NOK -116,4M
-825%
Net profit
NOK -122,1M
-4532%
Total assets
NOK 10M
-92%
Equity
NOK -69,9M
-234%
Employees
0
—
Company information
Legal name
FARSTAD INTERNATIONAL AS
Org number
979213336
Legal form
Aksjeselskap
NACE code
50204 · Forsyning og andre sjøtransporttjenester for offshore
Founded
10. september 1997
Share capital
NOK 100 100
Employees
0
VAT registered
No
Audit selected
No
Last report
2020-12-31
Financial year
January – December
Signatory rights
To styremedlemmer i fellesskap. Styrets leder alene.
Company purpose
Investere i skipseiende selskap innenfor offshore service virksomhet.
Contact
Address
Skansekaia 4A, 6002 Ålesund
Website
www.solstadfarstad.com
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Companies in Forsyning og andre sjøtransporttjenester for offshore
Companies in Ålesund
All Norway companies
Revenue
NOK millions
0M
3M
6M
9M
12M
10M
2016
1M
2017
1M
2018
0M
2019
0M
2020
EBITDA
NOK millions
0M
-2M
-4M
-6M
-8M
-18M
2016
-7M
2017
-21M
2018
-13M
2019
-116M
2020
Income statement
NOK thousands
Item
2016
2017
2018
2019
2020
Revenue
10 112
737
1 249
0
0
Staff expenses
−15 335
−2 695
−2 728
−0
−0
EBITDA
−17 607
−7 039
−20 669
−12 584
−116 374
Depreciation & amort.
−92 176
−16 619
−37 855
−0
−5 684
EBIT
−109 783
−23 658
−58 524
−12 584
−122 058
Net financials
−1 170
291
2 898
2 696
−89
Profit before tax
−110 953
−23 367
−41 639
−1 499
−122 147
Tax
88
63
1 568
−0
−0
Net profit
−111 041
−23 430
−43 208
−2 637
−122 147
Balance sheet
NOK thousands
Item
2016
2017
2018
2019
2020
Total assets
187 460
166 334
129 221
130 006
9 966
Equity
70 697
98 076
54 868
52 231
−69 916
Long-term debt
114 630
64 384
0
0
69 029
Short-term debt
2 133
3 874
74 353
77 775
10 852
Total debt
116 763
68 258
74 353
77 775
79 881
Financial ratios
5-year trend
EBITDA margin
-11637400000.0%
This company
15.8%
Market median
-73654430480% vs market
2016
2020
Equity ratio
-701.5%
This company
38.2%
Market median
-1936% vs market
2016
2020
Return on equity
-12214700000.0%
This company
18.4%
Market median
-66384239230% vs market
2016
2020
Net profit margin
-12214700000.0%
This company
8.1%
Market median
-150798765532% vs market
2016
2020
Asset turnover
0.00×
This company
1.12×
Market median
-100% vs market
2016
2020
Debt / equity
1.14×
This company
0.62×
Market median
-84% vs market
2016
2020
Annual reports & filings
Annual report 2020
Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
View
PDF
Annual report 2019
Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
View
PDF
Annual report 2018
Filed via Brønnøysundsregistrene · Period 2018-01-01 – 2018-12-31
View
PDF
Annual report 2017
Filed via Brønnøysundsregistrene · Period 2017-01-01 – 2017-12-31
View
PDF
Annual report 2016
Filed via Brønnøysundsregistrene · Period 2016-01-01 – 2016-12-31
View
PDF
Management
Actively employed in the business
No data on file.
Board of directors
Non-executive oversight
Name
Role
Member since
Current (3)
EK
Eivind Kvilhaug
Board of Directors
2020
LP
Lars Peder Solstad
Chairman
2020
KR
Kjetil Ramstad
Board of Directors
2020
Shareholders
As of last annual report
No shareholder data available.
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
.
Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of FARSTAD INTERNATIONAL AS also hold positions in
0
other companies.
Person
Role here
Other companies
Eivind Kvilhaug
Board of Directors
0 companies
Lars Peder Solstad
Chairman
0 companies
Kjetil Ramstad
Board of Directors
0 companies